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Mar 17, 2013
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we have a tax rigattacks, wall street has been attacked. other capabilities from other countries including iran to knock out our grid system, to attack some of our banks, icana has probably stolen more trade secrets, the largest amount of theft in the history of the world and we have got to stop this. one of the issues out there, mike and i have been working on this for two years and we put together a bill that would pass in a bipartisan manner last year. went to the senate and failed and we have to move forward and people are saying why do we have to continue? and in that one year we've had more attacks, "the washington post," "the new york times" are getting atacked, and they're getting stronger. what keeps you up at night, i'll say spicy food, weapons of mass destruction and destructive cyber attacks, and we have the capability to stop this, but we have to pass our bill, and our bill is only 37 pages, our bill deals with privacy issues yet we're working with the white house and the senate and the privacy groups to try to get a bill that
we have a tax rigattacks, wall street has been attacked. other capabilities from other countries including iran to knock out our grid system, to attack some of our banks, icana has probably stolen more trade secrets, the largest amount of theft in the history of the world and we have got to stop this. one of the issues out there, mike and i have been working on this for two years and we put together a bill that would pass in a bipartisan manner last year. went to the senate and failed and we...
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Mar 19, 2013
03/13
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, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent medicare or social security from going bankrupt. and we certainly won't get a balanced budget. not only does the senate democrat budget never balance, ever, but top washington democrats now say they simply don't care about balancing the budget anymore. they just don't care about that. well, americans do. a party that once cared about hard-working american families seems to have gone off the leftmost edge of the reservation with this budget. d.c. democrats' priorities are so far removed from the actual needs of middl
, massive tax hike. number two, half a trillion dollars more in big-government spending. number three, 42% more debt with each american owing $73,000. and more than 600,000 lost jobs. here's what we won't get: we won't get balance, just more and more unbalanced tax hikes. we won't get the kind of deficit reduction our country needs, just more spending to enrich the washington establishment at the expense of main street. we won't get more jobs or a better economy or sensible reforms to prevent...
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Mar 17, 2013
03/13
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replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony after testimony what cbo or they tell us you can't spend the same dollar twice. so we say don't take that money from medicare and put it into obama care. it goes toward medicare solve sifment one more point. we have learned through the past that price controls aren't working. that's what the sgr is, the dock fix. so we put reserve funds in our budgets to address these inadequateys like the dock fix. last year we had a reserve fund so you've got to come up with money to save in other places prevent the doctors from getting cut and our reserve fupped did that and we passed it and they di
replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony...
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Mar 17, 2013
03/13
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he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good morning. i hope the party follows senator ator cruz's dialogue about not telling americans on american soil. same big promises, we want smaller government, we do not want to do unnecessary wars and stuff. same with obama. he ran on shutting down guantanamo bay and closing down big brother. he made all worse. i guess that is what i want to say, not so much the speeches, but the execution. host: thank you for the call. let me sherry what -- -- let me share with you what bill kristol writes this morning. he points out -- he points out americans being tired of the wars, wars that bill kristol and o
he knows how to articulate a message on taxes and tax cuts. he would like to reform the tax code. that is his next project. remember bob dole was on the ticket in the 1970's with gerald ford. he comes back 20 years later and is a republican nominee. ryan, because he was on national ticket so early, he has a long career, decades ahead in congress, where he will continue to be a player. host: our next caller is from springfield, oregon, on our line for independents. good morning. caller: good...
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Mar 14, 2013
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taxes. that is terrible for the economy. march 27 there will be a speech in georgia from steve moore. i'm sure the last thing he will say is we need to increase taxes. host: where do you see and that they can come together? caller: i have been working in politics 50 years. the republicans have compromised ourselves into a $16 trillion debt. it's time for the democrats. we have got to cut spending. obama is not doing anything accept raising taxes -- except for raising taxes. the rich are the heroes because they create jobs. i'm not against poor people, but they cannot give anybody a job. we need to stop the attacks on the rich. we need to cut spending. i am thinking of changing my name to cut spending. host: here is what steve wrote on twitter -- let's hear from dennis in massachusetts, independent. caller: how are you? i am reacting to the report that the senate plan suggests another quarter billion dollar cut to medicare after the $760 billion cut that the senate democrats have already made
taxes. that is terrible for the economy. march 27 there will be a speech in georgia from steve moore. i'm sure the last thing he will say is we need to increase taxes. host: where do you see and that they can come together? caller: i have been working in politics 50 years. the republicans have compromised ourselves into a $16 trillion debt. it's time for the democrats. we have got to cut spending. obama is not doing anything accept raising taxes -- except for raising taxes. the rich are the...
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Mar 14, 2013
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the low tax states. there are other factors too. there are factors like right-to-work a lot of businesses are moving to the states that have right-to-work laws. not forced union laws. that i think is causing a kind of competition between the states for who can attract the most jobs and who can attract the most capitol. jenna: it will be interesting to see the census in another ten years and see what thee fin we find from this. >> i pry tkeubgt you'll find a big increase from not just the population but political power from the states like texas, tennessee, utah and montana who are doing really well right now. we didn't mention the oil boom is that is another thing. north dakota is the fastest growing state today because they have all the oil jobs. jenna: we'll all start working on our texan accents. i have relatives down there. maybe i'll have a little more twapbg than i have. >> you'll be able to find a cab in two minutes in new york. jenna: well put, steve. steve moore with the "wall street journal." t
the low tax states. there are other factors too. there are factors like right-to-work a lot of businesses are moving to the states that have right-to-work laws. not forced union laws. that i think is causing a kind of competition between the states for who can attract the most jobs and who can attract the most capitol. jenna: it will be interesting to see the census in another ten years and see what thee fin we find from this. >> i pry tkeubgt you'll find a big increase from not just the...
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Mar 20, 2013
03/13
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this could delay tax refunds. somebody else had already cashed in on this. >> the feeling, the loss of control. it is not supposed to happen when you file taxes. the biggest question for me is what else have they done. bill: the treasury department is on us, implementing new protocols to prevent this from happening before the money goes out. the irs has the best way to protect yourself is to file early before the clerks do. martha: a key part of the senate gun-control legislation has been removed. what it means to push for gun control right after this. we will be right back for your first day? yeah. ♪ dad: you'll be fine, ok? girl: ok. dad: you look so pretty. ♪ i'm overprotective. that's why i got a subaru. love. it's what makes a subaru, a subaru. . ..
this could delay tax refunds. somebody else had already cashed in on this. >> the feeling, the loss of control. it is not supposed to happen when you file taxes. the biggest question for me is what else have they done. bill: the treasury department is on us, implementing new protocols to prevent this from happening before the money goes out. the irs has the best way to protect yourself is to file early before the clerks do. martha: a key part of the senate gun-control legislation has been...
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Mar 16, 2013
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they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this problem but, two, recognize you have elections coming up in a year and half. you have to deal with the political reality as well. what would you advising people that are coming out with republican budgets to do? >> we have to cut the budget. but we have to have a message -- >> that is not simple and you know it. >> of course it is simple. there are so much waste and fraud -- of course it is simple. >> it is understand but not simple to do. >> it is more simple than they are not doing, they are not trying to. the problem is -- >> you have to face that fact. the people who are going to vot
they don't want any kind of revenue, any kind of taxes. some are ok with tax reform. but if you're going go through the text couple of years as a lawmaker you're dealing with a president who is liberal. i think that is an open question for the movement and for the party. >> rusty, i will start with you. if you were advising the conservatives within the republican party, what would you tell them to do for what robert is saying here, in terms of getting on the right course to solve this...
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Mar 14, 2013
03/13
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what do you make of obama and corporate taxes? >> we absolutely need pro growth tax reform. that's how we'll get the economy growing. he indicated a willingness to engage in tax reform, but still wants net higher taxes to get revenue, rather than getting revenue from economic growth. and that is a bridge that we have to get across with him in terms of getting him to understand that to get the economy growing, you can't keep raising taxes and we pushed that point very hard with him today. >> senator hoeven, didn't the president come forward with a trillion in cuts and $700 billion in tax increases that he's proposing in a way that he said would do this with balance. speaker boehner in 2011 said he was going to get the house to approve a trillion dollars in tax increases and so far $600 billion or so has been approved in the last round. where does this go from here? >> clearly has not demonstrated a trillion in cuts. i have not seen that. asking for $600 billion in additional tax increases, and i and others pointed out, we just provided. he got $600 billion in tax increases wi
what do you make of obama and corporate taxes? >> we absolutely need pro growth tax reform. that's how we'll get the economy growing. he indicated a willingness to engage in tax reform, but still wants net higher taxes to get revenue, rather than getting revenue from economic growth. and that is a bridge that we have to get across with him in terms of getting him to understand that to get the economy growing, you can't keep raising taxes and we pushed that point very hard with him today....
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Mar 20, 2013
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under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite applauded them for it. we stopped that. that's what i call fair. today i'm unveiling one of the largest ever package of avoidance measures presented in a budget, details set out including agreemented with isle to bring in over a billion pounds of unpaid taxes. new rules to stop abuse of corporate tax, and offshore employment. that's another 2 billion pounds. this year we're giving britain the first ever generally abuse rule and we will name and shame promoters of tax avoidance scheme. my message to make a living telling others to avoid the taxes, this government is not going let you get
under this government the tax rates are more competitive and the wealthy pay more tax. that's the right way around. here is an inconvenient truth for the other side. in every year of this parliament, the rich will pay a greater proportion of income tax revenue than any one of the thirty years of the last labour government. and during those years, too many people were allowed to get away with aggressive tax avoidance of abuse, they bogsed they were paying less tax and the member opposite...
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Mar 15, 2013
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. >> property taxes. >> megyn: that is warning people of a potential property tax hike in the coming election. i don't understand exactly what's happening. the teachers don't like that, but why are the teachers objecting to notifications of property taxes going up. >> they don't want the voters to notice if they've signed up, they voted for a property tax hike and the property taxes are the basis. >> megyn: and they're going to go and vote on various measures that affect them and the one on i raising property taxes is now highlighted on red ink on the outside of the voter envelope. >> and saying we've got more taxes coming at you. >> megyn: and the teachers union says let that go? >> no, let the voters blythely go on and meander through the ballot and the last thing they want is for taxpayers to know that he or she is going to be paying higher taxes in an educational system that isn't too shiny, if i can use the expression. it's pitiful what's happening. >> megyn: because those property taxes will go help fund the teachers salaries and they don't want anybody-- they don't want it to
. >> property taxes. >> megyn: that is warning people of a potential property tax hike in the coming election. i don't understand exactly what's happening. the teachers don't like that, but why are the teachers objecting to notifications of property taxes going up. >> they don't want the voters to notice if they've signed up, they voted for a property tax hike and the property taxes are the basis. >> megyn: and they're going to go and vote on various measures that affect...
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Mar 16, 2013
03/13
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$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they done, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and medicare, as well as cults in discretionary spending moving some away from defense into other areas to tf the government. the difference in the two budget, the ten-year prospect of that passed in the house of representatives is $41 trillion spending over the enyears. senate budget approved thursday night by the senate budget committee spends $46 trillion. so you've fgot two differences. the senate is trying to spend more. house republicans are trying to be more efficient. >> let me ask you this, senator. president obama is trying a new strategy. he's reaching out to congress, holding meetings on capitol hil
$3 million would pay $203,000 less in taxes if they give up all their tax breaks. if they done, they pay $345,000 less. so senator, the problem with the proposal is he doesn't say where he'll make up for the lost revenue. where do you get a sense the cuts are going to come from? >> well, in terms of the budget that was proposed by the house of representatives, cuts are coming primarily or savings are coming primarily from reform of social security, medicaid, and medicare, as well as cults...
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from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights officials sound the alarm over the treatment of prisoners at guantanamo bay is u.s. military officials trying to downplay a mass hunger strike at the detention center. good evening you've just joined us kevin live at the hour to new center tonight our top story the scenes of relief and indeed celebration greeted the cypriot parliament's rejection of attacks on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings are being condemned by officials in the public alike but the country now finds itself of course on the br
from the edge of bankruptcy after nicosia rejects a european bailout offer sparked by an unprecedented tax on savers got the latest this hour. as russia's premier likens europe's handling of the bailout for bullet a china shop warning brussels antics could spark a new crisis. and other big stories of the day barack obama arrives in israel for the first time as u.s. president but they struggle to close the growing gap between the country's middle east policy. and russian and u.n. human rights...
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Mar 16, 2013
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barack ed in the foim obama talk about tax rates. why would you tax people at 100%? who would have an incentive to work? if you put in the idea of theft it makes sense. if you come to my house and steal all my furniture, what is the proper tax rate for you? 100%. it is not your furniture. so when you look upon wealth as pirated, as stolen goods, it seems appropriate for the government to be the instrument of taking it back. this is what obama meant some months ago when he said to a bunch of business guys, you didn't build that. what was he really saying? he was saying that society creates wealth and then greedy entrepreneurs swoop in and grab it. they claim it is for themselves but it is not theirs. so the government can be an instrument of confiscation. the government isn't taking what is yours because it never belonged to you in the first place. then if you look at obama's foreign policy. what is its core idea? it is the same. it is looking at america as the great pirate in the world. america goes into afghanistan and iraq to take advantage, to get oil. america is
barack ed in the foim obama talk about tax rates. why would you tax people at 100%? who would have an incentive to work? if you put in the idea of theft it makes sense. if you come to my house and steal all my furniture, what is the proper tax rate for you? 100%. it is not your furniture. so when you look upon wealth as pirated, as stolen goods, it seems appropriate for the government to be the instrument of taking it back. this is what obama meant some months ago when he said to a bunch of...
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Mar 15, 2013
03/13
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that's not tax reform. [applause] >> this white house has an insatiable appetite for revenues and more taxes. enough is enough. when it comes to education, what the dem credits extol the virtues of our one-size, fits all fact through r school where the child follows the dollar, and mean while let's support the education where the dollars follow the child. [applause] >> we had a union leader in louisiana who said that parents don't have a clue when it comes to making choices for their children. that's debate we need to have as a country. i melt with a group of moms and they say we make choices for our children every day. we know needs of our children better than the bureaucrat in baton rouge and washington, dc. that's the conversation we need to have today. these are just a couple of examples but we must fight the battle of idea or as margaret thatcher said, this is how we must win the argument. as i close, let me just share with you this. let me make this observation. america's facing her greatest choice. a
that's not tax reform. [applause] >> this white house has an insatiable appetite for revenues and more taxes. enough is enough. when it comes to education, what the dem credits extol the virtues of our one-size, fits all fact through r school where the child follows the dollar, and mean while let's support the education where the dollars follow the child. [applause] >> we had a union leader in louisiana who said that parents don't have a clue when it comes to making choices for...
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as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very difficult position because it's rejected the proposal by the european union and the troika to tax private bank accounts and now frankly there are not many places for cyprus to turn for help and actually one of these places is russia and the site bid finance minister has been in the russian capital the entire day he's met with his russian counterpart and would be the first the deputy prime minister there is speculation that cyprus is asking russia for a loan so far the finance minister said that you are satisfied with the negotiations but no official offer has been made so far although he himself said h
as you've just heard seems of relief from celebration greeted the cyprus parliament's rejection of a tax on bank deposits the one off levy linked to an e.u. bailout deal would have saved millions of account holders lose up to a tenth of the savings of being condemned by officials and the public alike but the country now of course finds itself on the brink of bankruptcy and having rejected the terms it may have to turn to russia for assistance can off has more. right now cyprus is in a very...
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Mar 15, 2013
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there is no prospect for tax relief on the horizon. taxes keep going up. brand new health care bill in place that folks don't understand. going to destroy their health care system, not to mention add to their cost of their business. and the federal government last year in the midst of this terrible recession, the midst of this difficult economy, added $33.9 billion in additional costs through regulatory activity that's going to take 81 million hours to complete. let's do some back of the envelope math, mr. speaker. 81 million hours. the average work year, 40 hours a week, you work 50 weeks a year, that's 2000 hours. 000 hours. that's 40,000 people. who will spend every working all of every working day year long just to meet the new federal regulatory burden. mr. speaker, i don't wonder why it is that entrepreneurial activity is the lowest it's been since we began keeping records. the wonder is that folks are still trying at all. i had someone say that to me, mr. speaker. i was visiting with a group of honor students. i represent two counties in the north m
there is no prospect for tax relief on the horizon. taxes keep going up. brand new health care bill in place that folks don't understand. going to destroy their health care system, not to mention add to their cost of their business. and the federal government last year in the midst of this terrible recession, the midst of this difficult economy, added $33.9 billion in additional costs through regulatory activity that's going to take 81 million hours to complete. let's do some back of the...
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it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so whatever happens in terms of the the taxing and back accounts i think we're going to see this model of of how. democracies and how the the economy has to deal with a certain us are in crisis repeated in one scale in one form or another and quite possibly on a larger scale but let's hope not well leave the sun isn't shining in london by the looks of things and it's certainly not shining in cyprus although it should be thank you very much indeed les thanks for joining us live there that's leigh rather i'm in london. well the aftershocks of the proposition have been felt with other countries of cours
it is a not so much a stealth tax as a sort of a swipe tax is that a very quickly and in some ways you could say that this is actually. on one level a prototype for how the country will timidly have to leave the euro zone entirely have to be done very quickly almost overnight with a certain sort of grab at the doors of the banks trying to make sure that the bank machines are basically switched off and then seeing the public in disarray that the following day and a huge crisis in parliament so...
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Mar 21, 2013
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raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
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Mar 15, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> sean: welcome back to hannity. time for media mash. our roundup the ways the main stream media suck up to obama. and going through all of this week's material, none other than brent, exposing the lap dog media. how are you, sir? >> good, season. >> sean: the president goes on his big charm offensive. fascinating thing, if the media took any time to go back, a week before basically the president was saying, republicans are going to kill everybody, kill children and grandma, the apocalyptic tour, and the media is right with it and champion the charm offensive. >> the charm offensive break the stalemate? >> president obama is powering on the charm. at least what passes for charm on cap
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> sean: welcome back to hannity. time for media mash. our roundup the ways the main stream media suck up to obama. and going through all of this week's...
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Mar 18, 2013
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endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't incollusive. we were behind in both data and digital. our primary and debate process needed improvement. >> young voters are increasingly rolling their eyes at what the party represents. >> and many minorities think that republicans don't like them. or don't want them in our country. >> if hispanics think we don't want them, here they will close their ears for policies. >> bret: besides all that, everything is fine in the g.o.p. today, a report out from the head of the g.o.p., the chairman. reince priebus, who said focus group called the party narrow
endorsing consumption tax? is that what i'm hearing? >> you heard the doctor endorse that. >> taxing russians only. [ laughter ] >> bret: next up, the g.o.p. extreme makeover. i'm doing my own sleep study. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. ♪ ♪ >>> our message was weak. our ground game was insufficient. we weren't...
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Mar 17, 2013
03/13
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>>> time to get big returns on your tax refund. precision cast parts an enindustrial company. >> metal parts for the automobile trucking jet aircraft businesses. earnings per share expected to grow a big 21% this year. >> morgan, like the company? >> the. >> reporter: on equity a little so so but i i really like this. >> boeing, the airline company has had a lot of problems with the batteries and dreamlirs a and why do you like them now? >> taking a lot of orders and pay a dividend and brought strong earnings. >> the troubles behind them? >> not quite. worried about the battery issue and still a good pick. >> that is it for forbes on fox. have a wonderful weekend. thank is for watch. keep it right here you are watching fox. >>> obamacare, taking a bite out of your burger and fries? one franchise owner get ready to pay for it burgers and dogs. taking your dog to the vet is going to cost more too thanks to the healthcare law. healthcare regulations stacking up, now taller than the predent, time to chuck it? >> cashin in starts right
>>> time to get big returns on your tax refund. precision cast parts an enindustrial company. >> metal parts for the automobile trucking jet aircraft businesses. earnings per share expected to grow a big 21% this year. >> morgan, like the company? >> the. >> reporter: on equity a little so so but i i really like this. >> boeing, the airline company has had a lot of problems with the batteries and dreamlirs a and why do you like them now? >> taking a...
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i vote, i pay taxes. >> the crowd remained relatively calm. although, there were a few incidents of heckling speakers. build 2,000 new units of affordable housing. >> 8:25. sal, everybody behaving for you at the toll plaza? >> i'd say so. but we were in an funk from earlier problems at the toll plaza. westbound we had earlier collisions on the bridge. much earlier. it was a minor accident that slowed the lights down. still very slow getting over to the maze and into the city about a 30 minute delay. the morning commute is going to be busy on the san mateo bridge. and on the peninsula the traffic looks good. also looking good over to highway 101. let's go to steve. >> we have patchy low clouds around and they'll burn off. mainly sunny in the north bay. dealing with patchy low clouds hanging tough there. high pressure to the north will burn things off. 30s though. really chilly this morning especially north bay. but i know concord made it down to 42. and walnut creek 40. still a little chill in the morning air. we'll see sunny, breezy west and n
i vote, i pay taxes. >> the crowd remained relatively calm. although, there were a few incidents of heckling speakers. build 2,000 new units of affordable housing. >> 8:25. sal, everybody behaving for you at the toll plaza? >> i'd say so. but we were in an funk from earlier problems at the toll plaza. westbound we had earlier collisions on the bridge. much earlier. it was a minor accident that slowed the lights down. still very slow getting over to the maze and into the city...
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basically, what this amendment would do, it would not raise taxes, and keep the tax rate and tax revenue levels as they are today. hopefully we would have tax reform and simplification as we go forward. if we keep the revenue levels at the same rate, it would control the growth of spending and maintain the growth of spending each year at 3.4%. the net result of that would be our budget will balance. we can increase spending at 3.4% and still balance the budget. this would remove the that cloud over the country that is already impacting negatively employment, jobs, wages, growth. there is a question about grows that and public debt. -- gross debt and public debt. at that level, it would reduce growth pretty clearly. the international monetary fund, the bank of international settlement, the european central bank has come forward with studies that confirmed in a rather stark way, the analysis that has been done. when debt reaches the leve we have today, it slows growth now. it creates a risk as secretary geithner told us before the committee. the way that exchange went, we asked about the s
basically, what this amendment would do, it would not raise taxes, and keep the tax rate and tax revenue levels as they are today. hopefully we would have tax reform and simplification as we go forward. if we keep the revenue levels at the same rate, it would control the growth of spending and maintain the growth of spending each year at 3.4%. the net result of that would be our budget will balance. we can increase spending at 3.4% and still balance the budget. this would remove the that cloud...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. michigan's governor is not waiting any longer for a plan from the city government in a very dramatic move today he named the washington attorney kevin orosz to take over the city as emergency manager. the republican governor rick schneider is joining us with kevyn orr. thanks very much for joining us. >> great to be with you. >> thanks for inviting us. >> mr. orr, let me start with you. what are you going to do? you have about 18 months to try to get detroit's finances in order. >> wolf, the first thing is make an assessment if i can of enhancing city services to the citizens of detroit. i'm going to sit down with consultants and restructuring team that the governor has in place to try
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. michigan's governor is not waiting any longer for a plan from the city government in a very dramatic move today he named the washington attorney kevin orosz to take...
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Mar 20, 2013
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all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business, and we want them to set up and maintain their plans. about 4% of this tax expenditures goes to taxpayers at $1 million or more income. number 3 on the list there, it's the preferential rate for capital gains and dividends. it is true that higher-income taxpayers tend to have more capital gains but a few montes ago, the rate rose 50%. do we want to choke off more savings and investment? number 4 -- that's the deduction for state and local income and real property taxes. "the new york times" editorial page is usually very in tune with the majority. an editorial december 6, 2
all of this tax increase is thanks to 21 tax increases contained in obamacare. my guess is the majority doesn't want to take on that group. so number 2 -- that's tax-deferred retirement savings vehicles. it's defined benefit plans and section 401(k)-type plans. to be sure, some hiring-income taxpayers benefit. defined benefit plans tend to dominate in the unionized world. section 401(k)-type plans are more common now. some high-income taxpayers do benefit because they are owners of a business,...
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continue raising taxes? let's control spending. washington spending is in the highest level in the history of our country. there's not a tax ref new problem. there's a spending problem. it's not only hurting washington and our ability to balance the budget. it's hurting our economy. and people in the country are going wait a minute. we manage to live within our means. why can't washington figure this out? >> we're at record low levels in terms of discretionary spending. we haven't had it this low since the eisenhower administration. so where does that come from? because as you know, democrats are not going to touch those entitlement programs unless you are willing to touch revenue. do you think we can really cut more? >> it's going to have to be addressed one way or another. mandatory spending is the biggest part hasn't been addressed by congress. obama care is part of mandatory spending. every report of obama care each report says it's going to cost more money and add more to the deficit than the prior repo
continue raising taxes? let's control spending. washington spending is in the highest level in the history of our country. there's not a tax ref new problem. there's a spending problem. it's not only hurting washington and our ability to balance the budget. it's hurting our economy. and people in the country are going wait a minute. we manage to live within our means. why can't washington figure this out? >> we're at record low levels in terms of discretionary spending. we haven't had it...
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they got the new obamacare tax and then they got the fiscal cliff tax and three months later the democratic budget and senate and haven't produced in four years and now they want another trillion dollars to take out of the economy. and it's-- how do the republicans deal with this? i mean, i had john boehner on my radio show and paul ryan on the show last night. what are your thoughts? what are they doing right and wrong? >> doing something, proposing budgets all well and good. they had a continuing resolution last week, that they could have used to try and cut some of obamacare administrative expenses, put some language in it in order to curtail obamacare. obamacare is the big killer in this society and not just of health care, but of liberty and the constitution, and what do they do? they vote for it. not only do they vote for it, they don't allow conservatives in the house to put an amendment on it. obama's not taking boehner seriously, he's kicking him around like a soccer ball. that's the problem, the republicans have got to show they mean something, if they don't, this is going to cont
they got the new obamacare tax and then they got the fiscal cliff tax and three months later the democratic budget and senate and haven't produced in four years and now they want another trillion dollars to take out of the economy. and it's-- how do the republicans deal with this? i mean, i had john boehner on my radio show and paul ryan on the show last night. what are your thoughts? what are they doing right and wrong? >> doing something, proposing budgets all well and good. they had a...
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it also means arranging our tax system so is that we have economic growth. and i think we have been saying that from day one. >> chris: well, senator durbin, i heard some give there from senator corker. let me he ask you. are senate democrats willing to make serious cuts, reforms to entitlements if you get added tax revenue and what are the prospects tor for a grand bar ? >> what he articulated is what we did in the bowles simpson commission and what we have done since. we said let's put everything on the table and i want to thank bob be for saying that. we have to, of course, pass the budget resolution in the senate. patty murray has done an extraordinarily good job and then move to the next stage and that is the grand bargain stage. both sides sitting down on a bipartisan basis not eliminating medicare as emhe afraid the paul ryan budget would do but making sure it survives for generations to come. putting revenues on the table that are fair and won't penalize the working people across america and making sure it is a balanced approach. i think what bob cor
it also means arranging our tax system so is that we have economic growth. and i think we have been saying that from day one. >> chris: well, senator durbin, i heard some give there from senator corker. let me he ask you. are senate democrats willing to make serious cuts, reforms to entitlements if you get added tax revenue and what are the prospects tor for a grand bar ? >> what he articulated is what we did in the bowles simpson commission and what we have done since. we said...
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the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life miserable for the long term unemployed of the great recession because of social security net that obama now equal apparently says he supports will be equally as damaging what's even scarier is the president's flippant attitude toward programs millions of americans depend on just to get by in february said he didn't want to raise the medicare eligibility age but the question remains how much can we progress is trust someone who regularly plays politics with essential benefits and who is he actually fighting for we talked on the show before about obama's connections to pete peterson the wall street bill
the social programs in exchange for cooperation on tax reform during the debt ceiling debacle of two thousand and eleven for example he famously suggested raising the age at which seniors start receiving medicare benefits like bill clinton before him obama seems to have an obsession with compromise even when it screws the middle class clinton if you remember worked with newt gingrich in the republican house to pass the one nine hundred ninety six welfare reform bill a bill has made life...
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-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn nearly $150 million for the state in nevada. regardless of whether not you think the taxes are good or bad public policy, there is no denying that device is generating an enormous amount of what government seems to like most, revenue. the nra proposal to keep our kids safe in school is still the best solution. the "a-team" on where are the other leaders. the billionaire mayor wants to ban guns. styrofoam cups, smoking. but he won't ban pot holes and poverty. why not? damaging testimony today in the case of two ohio
-- imposing taxes. in illinois requiring the strip club operators to impose a $3 charge for their customers. the tax is expected to raise a million dollars annually. texas has also got eight vice tax. it is a little different. a little bigger deal in texas. $5. they are getting just about ten times as much revenue as a state of illinois. nevada, the only state in the country to allow any form of prostitution to illegally. it does not collect the tax. but if it did it will reportedly earn...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can transform into rocket propelled wrecking balls. and if you got the wrong home insurance coverage, it's your bank account that might explode. so get allstate. [ dennis ] good hands. good home. make sure you have the right home protection. talk to an allstate agent. make sure you have the right home protection. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. >> sean: welcome back to hannity. time for media mash. our roundup the ways the main stream media suck up to obama. and
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can...
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what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he was reaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil rights, proposing federal anti lynching loss. he spoke out to irish groups, jewish groups while at the same time that that evidence should be made american which is something that is clearly missing from our immigration debate. lou: the idea of going from melting pot to a cultural selig we never quite bring everybody together. that's like to be a very big issue. let me get your thoughts. are we going to see comprehensive immigration reform? >> i think not. when people see the price tag, the need to understand that -- well, coolidge understood. i'm engaged to marry an immigrant. nothing against
what he did was cut taxes on working people, 90 percent of the public did not pay any taxes. the 2% the did. lou: to drop their rates from 15, under 1 percent as a percentage of the revenue income revenue. 1924, immigration act. people don't realize he did a lot to bring out what we refer to now has diversity. he was reaching out to immigrants from all quarters, minority groups of all kinds. >> he also signed in at the main gate of american citizens. they could vote. way ahead on civil...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-powerful. >> rick: 33 minutes after the hour. here are your top headlines. rand paul taking the top spot in the cpac presidential straw poll. florida senator marco rubio coming in a close second. the conference features -- it's just wrapping up. >> arthel: now reports that north korea test fired a pair of short-range missiles. that's according to south korean military officials. the launch comes during u.s. and south korean joint military exercises. >> rick: defense secretary chuck hagel opening a new
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola....
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so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it was like, look, you've listened to him. he's got no substantive answer when tom price-- >> what did he say, i'm too busy or they're working on it? >> look, it's going to come and avoiding eye contact, a couple of weeks. well, it's late already and he was challenged in the meeting, are you presenting this late on a rope-a-dope effort after we passed the budget that paul ryan is leading us on? it's all of those sorts of things and here this was a big attempt to try and bring people together. i thought, look, our members respect the presidency and we're respectful of him in that opportunity, but he didn't follow through on
so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it...
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taxes? control spending. washington spending is at the highest level in the history of the country. there is a spending problem in washington. it is not only heard in washington and our ability to balance the budget, it is hurting the economy. people in the country are going we men are managing to live within our means, why can -- we are managing to live within our means, why can't washington figure it out? >> as you know, democrats will not touch entitlement programs, she were willing to touch revenue. the you think we can really, think we canu really cut more? >> obama care is part of mandatory spending. each report says it will cost more money and add more to the deficit in the prior report. we have to address that problem. medicare right now is scheduled to go bankrupt. people say do not touch medicare. that means let it go bust. that is not right for seniors. it is not responsible for my generation and my kids. we have a plan to save it for bankruptcy so current seniors there would be n
taxes? control spending. washington spending is at the highest level in the history of the country. there is a spending problem in washington. it is not only heard in washington and our ability to balance the budget, it is hurting the economy. people in the country are going we men are managing to live within our means, why can -- we are managing to live within our means, why can't washington figure it out? >> as you know, democrats will not touch entitlement programs, she were willing to...
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they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic problems crated by a debt. we're just not seeing that. >> jared, in the book, the dragon starts off small, then gets very big and very scary, but by the end, it's reduced to a manageable size. interestingly that's not what paul ryan and others want. they want to kill the dragon with a balanced budget as quickly as possible, don't they? >> right. the idea of balancing the budget over x years is really -- >> in his case ten years. in rand paul's case four or five years. >> so is, a, antithey cal to what they need to be concerned about. in fact, anytime we've ever achieved a sustainable budget packet that's brought the
they want to cut government spending, if you argue we can't borrow more and can't tax moor. >> you make up an excuse. >> right. yet they don't want to be too alarmist. they don't want to cause a panic in the markets and then be blamed for it. they want to create the impression we are on the brink of that, when if fact if you look at the bond markets, interest rates are low over the short term and long term. there's no indication of what's usually ha pg when you have economic...
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when they slapped a tax on bank accounts, people took their money out and there was nothing to tax. it doesn't work. >> banks are where people put money in order to save their like buildings. do you understand? >> you lost me at buildings. i like the open air. climate. i like the rain to wash me. >> you keep your money in a coffee >> i do because i won't tell you which can. this will never happen to us because our banks are ensured by the fdic. no money has been lost even if a bank has gone belly up in the history of the united states of america. >> they are just taking money from the bank. >> they could go belly up. >> they will collapse. >> have i a hobo neighbor that is belly up every night. >> bill, -- belly up, bob. >> do you have a problem? >> we have to -- we have a hard break coming up. that's tv lingo. coming up, are you only as olding a you feel? jim norton discusses his new book, age is the state of mind and not a measure of time. i will cherish that book. but first, should third graders be exposed to the horrors of war? i don't know. i really just don't know. these piece
when they slapped a tax on bank accounts, people took their money out and there was nothing to tax. it doesn't work. >> banks are where people put money in order to save their like buildings. do you understand? >> you lost me at buildings. i like the open air. climate. i like the rain to wash me. >> you keep your money in a coffee >> i do because i won't tell you which can. this will never happen to us because our banks are ensured by the fdic. no money has been lost...
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let's replace this anti-tax code, this loophole tax code with a progrowth tax system that helps families and businesses. replace it with a better progrowth s. lower tax rates, fewer loopholes and we can still balance the budget in doing. so we are not going to refight the past which law is law. that's not going to change. that's why we are saying not only can we do it faster. we want to do it with a better progrowth tax code. >> you have said we're not going to fight past yet a key tent of your budget is the affordable care act. we hear generals sometimes fight the last war. why go through that again? did you feel you had to include repeal of the affordable care act or it wouldn't pass the house of representatives? >> it was never a doubt in our mind. the fiscal cliff occurred but we don't like the tax code it produced. so we're proposing a new tax code that is a progrowth tax code. we don't like the affordable act. we believe this law is going to collapse under its own weight. please know that when americans see what this law entails which they have not seen all of the details. those of
let's replace this anti-tax code, this loophole tax code with a progrowth tax system that helps families and businesses. replace it with a better progrowth s. lower tax rates, fewer loopholes and we can still balance the budget in doing. so we are not going to refight the past which law is law. that's not going to change. that's why we are saying not only can we do it faster. we want to do it with a better progrowth tax code. >> you have said we're not going to fight past yet a key tent...
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i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away. i would go through all the numbers in about 20 seconds. we spend about $700 billion on social security. $692 billion on defense. billions on non-defense discretionary spending. $519 billion coming out of medicare. $400 billion in mandatory spending. $300 billion just to service the debt. the 25 yearack to historical average, we find ourselves paying over $800 billion just to service our debt. $273i would close with billion sent to medicaid. whoh.ody would say, the federal government has a $22,000 income. we set a budget at $34,000. where does that make sense? nowhere in america w
i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away....
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you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits, other bigger nations see how it goes, and markets world over fear all far it goes, which could explain why so many markets were tajing oing tankins thing. joe perry. and -- joe, what do you think? >> i think it is jjst as you said, this has been going on, for a while. and the bigger government gets, the more intrusive it gets it has been in your pockets, my pockets, my banks pockets by depositors pockets, large and small. what is happening now, like a story we use in banking called boiling a frog, you want to boil a frog, if you put him in boiling water he will jump out and complaint, this is what is hap
you know, there are the taxes on assets, tax that are on insurance companies that are getting passed to consumer and you know maybe down the line there will be questionable taxes on savings accounts. you never know what the united states will do. neil: all i know, they are a heck of a lot more ways to be create testify get money than spending, very good points thank you, mike rigs in washington. >> to mike a point, the problem with small nation going after its citizens bank deposits,...
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and even though he paid taxes in the city, he was not allowed to get a library card. this court case -- um, so there were two cases going on at the same time. the court case for wilson and the court case for the five young men during the sit-in. arm steady booth, i think, understood the men weren't doing anything and there was no reason to make them serve any time for what they did or give them really any sort of punishment. is so it's been said that he asked for a continuance after continuance during the court case and eventually the charges against the young men were dropped. for the wilson case, the main issue was they were saying that when -- that the library, the alexandria free library was for alexandria citizens. wilson's case was that he was a citizen offal alexandria. during the court case they said wilson did not make it clear that he was a citizen, so therefore, she had a perfect right not to issue a library card to to him. eventually, the case was solved in that they were going to issue -- they issued, they went back, tucker went back with wilson and issue
and even though he paid taxes in the city, he was not allowed to get a library card. this court case -- um, so there were two cases going on at the same time. the court case for wilson and the court case for the five young men during the sit-in. arm steady booth, i think, understood the men weren't doing anything and there was no reason to make them serve any time for what they did or give them really any sort of punishment. is so it's been said that he asked for a continuance after continuance...
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